New to Country/New to Employment Loans

New to Country/New to Employment Loans

Min. salary
AED 10,000
Max. Amount
AED 500,000
Effective rate
12.75%
Whether you have recently moved to the UAE or just started a new job, our New to Country Loans offer up to AED 500,000 to help you get up and running
View Summary
Salary Transfer
Not Required
Minimum Tenure
6 months
Maximum Tenure
48 month
Early settlement
1.00%

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Features

  • Borrow up to AED 500,000 as a UAE national or up to AED 200,000 as an expat
  • Minimum required Salary is AED 10,000
  • Attractive interest rate
  • Flexible repayment terms
  • Simple documentation and fast-track approvals
  • Comprehensive Personal life insurance cover

Documents Required

  • Copy of valid Passport / Visa / Emirates ID (suitable proof of processing in progress)
  • Salary Transfer Letter / Salary certificate addressed to FAB
  • Application form duly filled & signed by customer

Eligibility

  • Minimum monthly salary should be AED 10,000